A widely known cryptocurrency analyst and trader predicts that an unknown altcoin will almost triple in value. The analyst, known by the pseudonym Kaleo, tells his 612,400 followers on social media platform “The DOT (Polkadot) ecosystem as a whole is being torn apart. I grabbed my CELR bag to get some exposure. “We are looking for pressure away from this base range that has been building since the spring of 2022, similar to the moves we saw in early 2021.” Source: Kaleo/X Looking at his chart, the trader suggested that CELR could soon surge to around $0.0700. As of this…
Author: Crypto Flexs
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October 23 Bitfinex Alpha | Bitcoin volatility comes as US interest rates are expected to remain higher for an extended period of time. Posted at: 12:09h On Bitfinex Alpha Posted by Tammy For over two months, Bitfinex Alpha has been predicting increased volatility, and recent events have confirmed these predictions. Bitcoin’s 24-hour volatility witnessed a stunning 1,200% surge in just nine hours on October 16 as the asset crossed the $30,000 threshold. On-chain indicators such as Spent Output Age Bands (SOAB) further support the notion of continued volatility in the coming months. Bitcoin’s surge from $28,000 to $30,000 on October…
While most people immediately associate artificial intelligence with tools for writing term papers or designing art projects, AI technology is being leveraged to push the boundaries of longevity and health. One company leveraging AI to achieve better health outcomes is St. Lucia-based Rejuve.First launched in 2018 by SingularityNET founder and CEO Ben Goertzel, Rejuve is a biotechnology company that aims to use artificial intelligence and distributed technology to help people live healthier lives.“AI allows us to process data at much faster speeds and in more complex combinations than if we had people just endlessly reading paper and everything,” said Rejuve…
Japan abolishes corporate tax on unrealized profits Businesses holding unrealized profits from cryptocurrency assets will no longer pay taxes on those assets from April 1, 2024. According to the latest news from local media, Japan is reportedly abolishing corporate tax on unrealized profits from cryptocurrency holdings. Japan revises cryptocurrency corporate tax law According to a news update, companies and institutions holding cryptocurrencies will not pay taxes on “unrealized profits” from April 2024. The cabinet approved the tax changes on December 22, local media outlet Nikkei reported. The new tax system will take effect on April 1, 2024, when Japan’s fiscal…
The cryptocurrency funding landscape suffered from serious challenges in 2023, with total investments plummeting 68% to $10.6 billion. This sharp decline contrasts sharply with the total investment of $33.2 billion recorded in 2022 and represented the lowest level since 2020.Several factors have contributed to this decline, including historically high interest rates, the rapid expansion of artificial intelligence diverting attention away from cryptocurrencies, regulatory crackdowns, and the aftermath of high-profile cryptocurrency meltdowns involving FTX, Celsius, and BlockFi.What is the outlook for cryptocurrency financing in 2024? The Block reached out to some of the top 20 most active cryptocurrency venture capital firms…
reporter Posted on: December 27, 2023 AVAX is up over 100% in the last 30 days. RSI was overbought and some indicators were also weak. Avalanche (AVAX) We have seen steady growth recently in the DeFi space as major indices continue to rise. But will the growth of blockchains in the DeFi ecosystem be enough to remain strong, or are other factors also supporting AVAX? In this regard, avalanches are increasing. AMBCrypto inspected Artemis. data Find out how Avalanche is doing in the DeFi space. Our analysis shows that TVL on the blockchain has continued to grow steadily for several…
I have Bitcoin Core version 25 and the blockchain is fully synchronized. Open the core every 2-3 days to synchronize with the latest blocks. For the past few days, when syncing the latest blocks, blocks have been randomly freezing, almost like a core freeze. You won’t see the spinning circle, and if you shut down and reopen the core, the blocks will sync. I used to be able to do this without freezing. What causes this problem?
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Changpeng “CZ” Zhao, founder and former CEO of cryptocurrency exchange Binance, has landed on Bloomberg’s list of the world’s richest people. During the year, his net worth increased by $25 billion. This comes as he recently pleaded guilty to a series of charges and is unable to leave the United States, awaiting sentencing next February. CZ’s net worth will show significant growth in 2023 CZ is the 35th richest person in the world, according to Bloomberg’s Billionaires Index. CZ’s net worth is $37.2 billion, an increase of $24.6 billion this year alone. Leading the way is Elon Musk, whose net…
The price of Bitcoin has fallen over the past 24 hours as selling pressure increases, falling below the $42,000 level. The world’s largest cryptocurrency by market capitalization fell 3% over the past 24 hours to $41,998 as of 1pm ET, according to data from The Block.bitcoin BTC -2.52% The retracement follows an increase in factors contributing to selling pressure on digital assets, particularly among the short-term holder population. According to CryptoQuant data, more than 25,000 bitcoins were transferred from cold wallets to exchanges in the last 24 hours. These movements contribute to the provision of liquidity for the asset and…